The first high-level dialogue in the series Accelerating Progress, Advancing Innovation identified key areas of action and emerging pools of demand that make action to counter the “inconvenient truth” of global climate disruption “a convenient opportunity”. Outlined in a detailed 4-page brief, the Climate Opportunity connects to many of the planning, building, transportation, and macroeconomic particulars we live with and leverage day to day.
Evaluation of the economic and investment opportunities inherent in climate action has taken many forms, including examination of the costs of inaction (Risky Business), examination of the costs and benefits of embracing the New Climate Economy, assessment of the braking effect of carbon assets on investments (Carbon Delta), and the prospect of trillions of dollars in entrepreneurial climate wealth.
This report does not attempt to replace or supersede them, but to provide instead an ongoing collaborative platform for providing context and actionable priorities in relation to those findings. Drawing from and feeding into the ACCESS to GOOD platform, the work of partners like Carbon Delta, deliberations of the Carbon Pricing Leadership Coalition, and integrating the views, needs, capacities, and innovations of the Citizens’ Climate Engagement Network, across the world, the Climate Opportunity Report will provide a lens through which to gauge progress on delivering these known opportunities to communities, markets, and nations.
The first Climate Opportunity Brief will be released in 2017, as a prelude to the COP23 global climate negotiations. It will be derived from the work of partners, and will add to the landscape of reporting and analysis from the ACCESS to GOOD platform.
Paris Agreement will Add $19 Trillion to Global GDP
March 21, 2017
According to a new report from IRENA, full implementation of the Paris Agreement will add as much as $19 trillion to gross world product—the total exchange value of the world economy—by 2050.
- Bloomberg: Paris Accord Could Make the World $19 Trillion Richer
- IRENA: Investment needs for a low-carbon energy system
- IRENA: Full Report (PDF)
Massive Global Opportunity in New & More Efficient Infrastructure
October 25, 2016
The 2016 New Climate Economy report, the Sustainable Infrastructure Imperative, finds that:
Investing in sustainable infrastructure is key to tackling three simultaneous challenges: reigniting global growth, delivering on the Sustainable Development Goals (SDGs), and reducing climate risk. The challenge is urgent: the investment choices we make even over the next 2-3 years will start to lock in for decades to come either a climate-smart, inclusive growth pathway, or a high-carbon, inefficient and unsustainable pathway.
That’s $90 trillion that will either be devoted to laying the foundation for sustainable inclusive low-carbon prosperity or to adding unnecessary legacy cost to future economic activity. [Full Report]